Business Case is one of the primary documents that allow summarizing the need for launching a project and analysing possible alternatives. Throughout the lifecycle of the project this document is used to show the project justification and reasonability. In the Initiation Phase, Business Case is used as a way for making decisions on initiating the project, setting primary goals and defining the cost-benefit ratio.
Project plan development is one of the most critical activities within the project management lifecycle. It is the main part of the Planning Stage. The project manager takes the ultimate responsibility for creating a plan, which is a formal document showing the basis upon which to assess performance of the project and measure its results. Let’s review the major steps to develop a project plan in detail.
When the project is defined and the project chart is developed, it is time to acquire and assign the team. At this step of the project initiating phase, the project board is to be established and the project manager is to take responsibility for acquiring the project team and assigning it to project tasks and activities. The project manager needs to recruit the team leader(s) who will assist the project manager in initiating project by selecting and recruiting required project staff (members of the project team). The team leaders take responsibility for making team assignments and the project manager approves these assignments.
During the project initiating phase, the core activity for making right team assignments refers to developing job descriptions. A project job description is a formal project initiating document that states and explains what project roles are required to complete the project work and produce the deliverables, what targets each role is assigned to, and how to measure the targets and to access the performance of each role. Every team member should be assigned to a detailed project job description which defines personal role and responsibilities within the project. When initiating project and developing project roles, the team leaders need to consider the project initiating documents (Project Charter, Feasibility Study).
Have you ever faced the situation when your project was going swimmingly well but then suddenly, for some unknown reasons, you have found yourself out of budget, behind the schedule, and with no idea of what to do next? Such a situation is caused by incorrect project management, which means you have made some critical mistakes when initiating, planning and/or executing project activities. Here’s a 6-step guide that will tell you how to fight incorrect project management. The guide will show you what to do when your project goes wrong.
Learn to manage a procurement team in three more steps, including Motivation, Stress Management and Time Management In the previous Part of this article, two steps of the procurement management process have been listed and described. Now we talk about the rest three steps in this publication.
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